Krishna will build on McCain India’s grower partnerships, potato innovation and food processing initiatives while Avishek Kar takes over as Commercial Head.
The investment includes a new infant formula plant in Minas Gerais, upgrades to an existing nutrition facility and a 15% increase in whey production.
The investment gives Tilaknagar Industries a 30% stake in Black Tiger Distilleries and marks its first strategic move into the agave-based spirits category.
Jack Daniel’s Tennessee Blackberry and strong ready-to-drink growth helped Brown-Forman offset declines across Tequila and developed international markets.
The acquisition brings Cvista’s citrus processing expertise, facilities and specialized team into Mane’s global flavor and fragrance operations.